Without… stopping, the Greek stock market continues its climb, breaking today and the next resistance of 1,050 points, a level it had lost in October 2014. The general index records gains of 1.22% to 1,054.21 points, with the turnover is at 16 million euros.
Although the transactions show very high levels, 90% of the volume that has been traded concerns MIG share, in which more than 36 million pieces have changed hands, while the backlog of purchases reaches 70 million euros. The share is also today at the limit up and at 0.1668 euros, from the levels of 4 cents at which it was in January.
The case of MIG confirms that business developments, a secondary catalyst in previous years, are becoming the cause of intense investment interest, an element that if nothing else shows the health of a market. And many business developments may still be in the embryonic stage, but they portend big changes in the map of a market that has had a rough time in the past several years.
The picture on the dashboard
In terms of stocks now, Ellaktor, Ethniki, Alpha Bank, Piraeus, ELHA, Eurobank, Terna Energy, Sarantis, Biohalco, PPC, Hellenic Petroleum, GEK Terna, Titan and Coca Cola stand out with their strong profits, while Aegean is moving positively, OTE, Lambda, Quest, Autohellas, OPAP, Mytileneos, PPA and Motor Oil. Jumbo and EYDAP are in negative territory.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.
